NxNW Houston Portfolio

JLL capital markets, on behalf of ownership, is pleased to offer qualified investors the opportunity to purchase the fee simple interest in The NxNW Houston Portfolio (the “Portfolio”). Featuring 1,020,722 square feet of premier Class-A logistics space in one of the nations leading industrial markets, Houston, Texas. The Portfolio includes six recently constructed industrial buildings featuring incredibly diverse site plans with cross-dock, rear-load, and front-load configurations. The Portfolio is currently 95% leased to 10 tenants with 2.8 years of weighted average lease term remaining and a 27%+ average in-place mark-to-market opportunity.

The Portfolio is situated in the North and Northwest submarkets of Houston, which are two of Houston’s leading and most institutionally preferred submarkets. Central Green Corporate Center is a master planned Business Park proximate to George Bush Intercontinental Airport with direct access to Hardy Toll Road and Rankin Road providing connectivity to Interstate 45 and Beltway 8. Just on the south side of Beltway 8, North Houston Logistics Center - Bldg G also sits in a larger master planned Business Park and benefits from direct frontage along I-45. The Portfolio also includes West Little York, which is situated just north of Highway 290 in the crosshairs of Houston’s westward migration: the Northwest submarket.

The various highly-sought after locations across the Houston MSA offer tenants easy access to Interstate-45, Beltway 8, and Highway 290 enabling connectivity to the broader Houston MSA and ease of mobility to the larger Texas Triangle. With a 27%+ in-place mark-to-market opportunity, the NxNW Houston Portfolio allows investors to establish a strategic presence in a market-leading region while leveraging Houston’s impressive rent growth trajectory over the past five years.